Asia Pacific

Boqii Co, a Chinese pet-focused e-commerce site, is working on a Hong Kong listing that could raise up to $150m, according to a source familiar with the matter.

While bankers in the Northern hemisphere plan well-deserved summer breaks, the Australian and New Zealand dollar markets are set to remain open for business, with some competitive pricing on offer.

China ZhengTong Auto Services Holdings, a luxury auto dealership, surprised bankers this week after missing a principal payment on a dollar loan. Pan Yue reports.

Chinese food and beverage company Bright Food’s ability to court investors and push for a tight price for its euro-denominated bond shows the benefits ─ and downsides ─ of an aggressive approach to the euro market.

Chinese auto rental company Car Inc’s stock price and outstanding bonds took a hit this week as two of its major shareholders struggled to offload the company’s shares.

Shandong-based Zhongrong Xinda Group failed to make the interest payment on a Rmb1.5bn ($215m) medium-term note on Monday, triggering further downgrades onshore.

China Huarong Financial Leasing Co opted for a short tenor deal for its latest $300m bond outing in a bid to save on funding costs.

Ant Group, the Chinese financial technology giant behind popular mobile payments app Alipay, has set in motion plans to go public through IPOs in Hong Kong and Shanghai, in what are set to be landmark deals for Asia's equity markets.

Shanghai Pudong Development Bank Co has added to the growing presence of Chinese financial credits in the international debt market with a $500m deal.

A small deal size and investment grade ratings worked in GS Caltex Corp’s favour on Monday, allowing the South Korean oil refiner to price a tight $300m bond.

India’s Yes Bank ended its Rp150.2bn ($2bn) share sale without enough demand to cover the deal, after a low turnout from individual investors.

Two of China’s most powerful financial market regulators have brought a group of nine companies under state control.